Heated tone from the u. S. And china. Financials, semis and industrials are all lower and full Team Coverage coming up dom chu is tracking it phil lebeau with details of on headache for boeing. Market down 333. The low of the session 425 down. The dow higher this session down 205 and red throughout the session as you can see sharp selling. Lets bring in Rebecca Patterson with us for the full first hour of the show. Good afternoon whats the spark again for the selling . Last week a nice end to what was obviously a negative month of august. I think what it boils down to is its not about the cost of capital. It is not about the level of Interest Rates, the stimulus it is the confidence to spend so we can make Interest Rates as low as you want but if you dont have companies and households to borrow and take that money and buy something with it, whats the point . Thats the conundrum we saw it in the trade rhetoric today. It is eroding confidence thats driving us right now. Can the fed or Ce
There were culture industry, there were Culture Committee hearing is 4 hours. If we cant. Is an here . I guess whichever. The meeting will come to order. Ladies and gentlemen, we are at a very historic moment for our nation. Who would have thought of it even as soon as just a few years ago that we would have this golden opportunity to provide electricity that would motor our vehicles but was bringing on some serious questions and serious issues so that we know what it will take to make sure people in this country are well aware and will be able to take advantage and enjoy this movement, this Great Movement we are making to transition from petroleum to electricity. I want to welcome everyone to this hearing especially our witnesses because we are looking to you to tell us what this means. What does it mean for jobs . What is the impact that this will have in Rural America if we do not move and make sure those in Rural America can enjoy and be productive from the move we are making. Im s
There were culture industry, there were Culture Committee hearing is 4 hours. If we cant. Is an here . I guess whichever. The meeting will come to order. Ladies and gentlemen, we are at a very historic moment for our nation. Who would have thought of it even as soon as just a few years ago that we would have this golden opportunity to provide electricity that would motor our vehicles but was bringing on some serious questions and serious issues so that we know what it will take to make sure people in this country are well aware and will be able to take advantage and enjoy this movement, this Great Movement we are making to transition from petroleum to electricity. I want to welcome everyone to this hearing especially our witnesses because we are looking to you to tell us what this means. What does it mean for jobs . What is the impact that this will have in Rural America if we do not move and make sure those in Rural America can enjoy and be productive from the move we are making. Im s
getting started. dana: let s get to alexis mcadams live at newark airport in new jersey. how is it going? not so bad right now. a lot better than it has been since saturday and sunday where some of the people i ve been talking to have been sleeping at the floor at airports across the east coast trying to get home. we checked with airlines to see how they are doing. things aren t back to 100% and entering the busy time for the july 4th holiday weekend. as we mentioned people have not had anywhere to go except sleep on the floor. six hours, not even a bottle of water. frustrating. the line doesn t move. i know they don t have nothing to offer for us. that s kind of pretty hopeless. this is the scene at airports across the country as more than 28,000 flights and counting have been delayed and 7200 canceled since sunday. not a lot of good news. to say people are fed up is an understatement. hundreds of passengers left waiting on the tarmac for hours thinking they will l
Now on bbc news, all the latest Business News live from singapore. A strong Earnings Results for way bow. Will we see similar numbers for tencent . Tencent . Good morning, asia. Glad you could join us for this midweek edition of Asia Business report. Chinese social Media Giant Weibo has reported reve nu es of Media Giant Weibo has reported revenues of just Media Giant Weibo has reported revenues ofjust under 200 million, an increase of 67 compared the year ago levels. Profits are coming in at about 47 million us. The Company Claims 347 million monthly active users, an increase of 30 over the past year. Another tech giant in china, tencent, is tipped to report encouraging numbers today. But with a saturated market, what are the other avenues for growth . Certainly they need to start looking outside of the chinese market. Theres still a lot of growth in chinese market, for example tencent are actively looking outside, looking at Notjust China but around hong kong and singapore. The chine